Skip to main content

Impinj: Q1 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Impinj Inc. (PI) on Wednesday reported a loss of $25.3 million in its first quarter.

The Seattle-based company said it had a loss of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.

The provider of radio frequency identification products posted revenue of $74.3 million in the period.

For the current quarter ending in June, Impinj expects its per-share earnings to range from 77 cents to 82 cents.

The company said it expects revenue in the range of $103 million to $106 million for the fiscal second quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PI at https://www.zacks.com/ap/PI

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary